Iraq, the second-largest OPEC producer after Saudi Arabia, struggles to generate enough energy due to production and transmission inefficiencies. Iraq is accelerating the construction of an offshore liquified natural gas…
Nasdaq 100 Index fell 3.8% as Monday’s selling wiped off over $1 trillion. Nasdaq shares saw their biggest one-day decline since 2022 as investors abandoned long-standing market leaders due to…
Eurostar is the only company that has transported foot passengers across the Channel during the 30-year tunnel’s operation. Eurostar has dominated the Channel Tunnel route since its launch in 1994,…
Last year, China recorded a record-breaking trade surplus, with exports up 5.9% and imports up 1.1% year-over-year. When Trump announced high tariffs on China, it raised concerns about whether the…
Qatar National Bank reports the total assets decreased by 0.3 percent in January to QR2.040 trillion. Qatar’s banking sector hit the ground running in January, with the loan book and…
Saudi Arabia was the top destination for Lebanese agricultural exports in 2019. Saudi Arabia will examine “obstacles” to resuming Lebanese imports and end the ban on citizens traveling to Lebanon.…
The Kingdom secured €2.25 billion through euro-denominated bond sale in February. It is a good day for Saudi Arabia as primary debt issuances of bonds and sukuk in the Gulf…
Over the past year, corporate loans expanded by 18.5%, overtaking the retail lending growth which capped at 10.5% in Saudi Arabia. Saudi bank loans surpass $801.6 billion (SR3 trillion) for…
Huawei claimed second place in China last year, while Xiaomi was closely behind. Huawei Technologies took the gold in China’s smartphone market in January. Thanks to the government subsidy scheme…
If the deal is successful, Blackstone’s logistics company in China would make a significant exit. Blackstone Inc., one of the world’s largest alternative asset managers, is in advanced negotiations to…